Showing posts with label fmt. Show all posts
Showing posts with label fmt. Show all posts

04 August 2010

Financial Market Team update (data for 4 August 2010)

16:30 ET

DJIA: +0.41% to 10680
S&P 500: +0.61% to 1127
Mexico IPC: +0.40% to 32900
Brazil Bovespa: +0.40% to 68272

FTSE 100: -0.19% to 5386
DAX: +0.37% to 6331

Nikkei 225: -2.11% to 9489
Hang Seng: +0.43% to 21549

US$1.00= 0.76 euros
US$1.00= 12.53 Mexican pesos (-0,41%)
US$1.00= 86.28 Yen (+0,58%)
EUR$1.00= 1.32 US$ (-0,56%)

WTI crude 1m: -0.01% to 82,54 US$/bbl
Corn 1m: +2.72% to 415,00 US$/bbl
Wheat 1m+6.45% to 755,50 US$/bbl
Gold 100 oz 1m: +0.76% to 1196.50 US$/bbl

Aug 04
Ted spread: 26
T bill 3m: 0.16
USD Libor 3m: 0.42

Patrick Signoret and Georgina Lara

Financial Market Team update (English)

Mexicana files for bankruptcy in Mexico and U.S.
Mexico’s airline filed for insolvency proceedings in Mexico and for bankruptcy protection in U.S. to avoid (more of) its airplanes to be seized by its creditors. It’s struggling to restructure its liabilities and to come to an agreement with its employees’ unions. The Mexican government is not planning on bailing the company out.
(El Financiero, Wall Street Journal)

Stocks
U.S. stocks advanced today after unexpected growth in the jobs and service industries.
Brazil's Bovespa started to rise again, after yesterday's fall had ended an 11-day winning streak.
European markets closed with mixed results and minor changes.
Asian stock markets, fell on yesterday's disappointing home sales and factory orders releases.
(FT$, Bloomberg)

Commodities
After crude oil rose 7.2% in four days, today it remains almost unchanged. U.S. gasoline inventories increased more than expected, but U.S. economic indicator releases were positive.
Gold rose for the sixth straight day.
(FT$, Bloomberg)

Patrick Signoret and Georgina Lara

03 August 2010

Financial Market Team update (English)

16:02 ET

DJIA: -0.36% to 10636.38 (Close)
S&P 500: -0.48% to 1120.46 (Close)
Mexico IPC: -0.15% to 32768.08 (Close)
Brazil Bovespa: -0.76% to 67997.36 (Close)
FTSE 100: -0.01% to 5396.48 (Close)
DAX: +0.25% to 6307.91 (Close)

Nikkei 225: +1.29% to 9694.01 (Close)
Hang Seng: +0.21% to 21457.66 (Close)

USD-EUR: 0.7557
USD-MXN: -0.0018% to 12.582
USD-JPY: -0.7428% to 85.857
EUR-USD: +0.3949% to 1.3232

EMBI+Mex: 140
Cetes 28d: +0.009% to 4.61%

Aug 02 Aug 03
Ted spread 28 27
T bill 3m 0.16 0.16
USD Libor 3m 0.44 0.43

Stocks

US stocks fell and traded below yesterday's levels all day today on disappointing reports on home sales, factory orders, and consumer spending.

Bovespa, having advanced for 11 days straight (+9.9%), fell today after investors learned that industrial output had fallen in June by 1% from its May level.

European stocks changed little during the day. FTSE 100 fell by 0.01%, while the German DAX climbed 0.25%. DAX reached its highest level since April 26 despite the below-forecast results for U.S. home sales and factory orders.

Asian stocks rose after yesterday's better-than-expected reports on US manufacturing.

(FT, Bloomberg)

Commodities

Oil prices continue to move up on news that a tropical depression was approaching the Gulf of Mexico. After having risen by 3% yesterday, the WTI forward-month oil contract again advanced, by 1%, to $82.38. This is its highest level since last May.

Wheat prices declined after Russia reported that not all crops had been lost in the recent drought and that export volumes would hold stable. Analysts, however, warn that if Russian producers meet their export quotas, domestic shortages may ensue. Calls for a pause in grain exports have grown louder. We will continue to monitor the Russian wheat situation.

(FT, Bloomberg)

Patrick Signoret and Georgina Lara

Financial Market Team update

Georgina Lara y Patrick Signoret

13:07 ET


DJIA: +1.75% to 10649.1
S&P 500: +1.93% to 1122.88
Mexico IPC: +1.14% to 32676.39
Brazil Bovespa: +1.59% to 68587.32

FTSE 100: +2.65% to 5397.11 c
DAX: +2.34% to 6292.13 c

Nikkei 225: +0.35% to 9570.31 c
Hang Seng: +1.82% to 21412.79 c

USD-EUR: 0.759
EUR-USD: +0.9539% to 1.3176
USD-JPY: +0.0174% to 86.485
USD-MXN: -0.5749% to 12.573

Corn 1m: 0% to 406.75
WTI future 1m: +3.14% to 81.43
Gold spot 1m: +0.08% to 1184.8

Stocks
********
U.S. stocks are climbing after last week's fall after today’s release of positive construction spending and manufacturing reports. Both surpassed market expectations. Better-than-estimated earnings at companies may also have increased confidence in the economic recovery.

European stocks advanced in general after HSBC and BNP Paribas rallied. Production indices in the Euro Area showed mainly increases. Germany's situation as the biggest economy in Europe and the one leading the pace to economic recovery in the zone may have boosted investors’ optimism. UK stocks reached the highest level in two and a half months.

Asian stocks advanced following PMI reports that made investors confident that the region is growing.

(FT, Bloomberg)

Commodities
***********
U.S. crude oil continues last week’s trend and has risen more than 3%. The rise in oil prices may be due to the controlled supply by OPEC countries and the growing demand by some emerging markets like China.

Gold also continues to rise after several days of falling.

Soybean and corn prices rose again reaching the highest level since January after the drought in Russia, and other parts of Europe, harmed crops. The demand is now being satisfied by U.S. production.